Capitalism uses democracy and “free markets” to efficiently allocate capital to its most efficient use with little regard to economic equality. Communism focuses instead on massive state run “planned” economies allocating resources equally with little regard to personal ambition or incentive.
Explanation:
Capitalism uses democracy and “free markets” to efficiently allocate capital to its most efficient use with little regard to economic equality. Communism focuses instead on massive state run “planned” economies allocating resources equally with little regard to personal ambition or incentive.
The Fifth Amendment of the United States Constitution helps to establish the rule of law in that it prevents the the government from abusing the rights of property owners as well as all citizens more generally.
